Funding you earn now, next payment 06:00 UTC−0.1181%/8h= −129.3% APRpaid last 24h −0.221%
Price spread now: SunX against Kraken Futures−0.004%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.737%−$74 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$35 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.737% in total (about -38.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NATGASUSD | 3.0083 | 0.1181 | pay 0.0148% / 1h | 44m 37s | $56K | $35K | 20x |
| Short | SunX NATGAS-USDT | 3.0082 | 0 | get 0.0000% / 4h | 2h 44m | $2K | $2.4M | 20x |
Kraken Futures PF_NATGASUSD
SunX NATGAS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$247.94
- Price spread: −0.004% → 0.000%
- −$0.39
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$266.33
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; SunX: live order book, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 2 min ago | 15.13 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NATGAS on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8446 | −5.442% | — | — | — | as long as short |
| SunX NATGAS-USDTshort | 0.0000% | 4h | 3.0082 | −0.004% | $2K | $2.4M | 20x | |
| Lighter NATGAS | +0.0032% | 1h | 3.0054 | −0.097% | $629K | $503K | 10x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | −0.110% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0060 | −0.077% | — | $14K | 10x | as long as short |
| Extended XNG-USD | +0.0048% | 1h | 3.0048 | −0.117% | $110K | $364K | 5x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0042 | −0.137% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0079% | 8h | 3.0076 | −0.025% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0096% | 1h | 3.0062 | −0.070% | $35K | — | 20x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0034 | −0.163% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
Lighter NATGAS
QFEX NATGAS-USD
Vest NG-PERP
Extended XNG-USD
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Hotstuff NATGAS-PERP
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.277% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.277% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | −0.077% | $1.5M | $92K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0129% | 1h | 3.0059 | −0.080% | $6.0M | $5.6M | 10x | as long as short |
| HTX NATGAS-USDT | +0.0369% | 4h | 3.0072 | −0.037% | $107K | $212K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0382% | 4h | 3.0050 | −0.110% | $1.0M | $973K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0390% | 4h | 3.0045 | −0.126% | $13K | $224K | 25x | as long as short |
| Aster NATGASUSDT | +0.0429% | 4h | 3.0054 | −0.098% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0504% / S −0.0449% | 1h | 3.0065 | −0.060% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0578% | 8h | 3.0100 | +0.056% | $1.5M | $193K | 100x | as long as short |
| Variational Omni NATGAS | +0.0637% | 4h | 3.0050 | −0.111% | $317K | $449K | — | as long as short |
| BloFin NG-USDT | +0.0639% | 8h | 3.0050 | −0.110% | $82K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0643% | 8h | 3.0060 | −0.077% | $869K | $1.7M | 50x | as long as short |
| Binance NATGASUSDT | +0.0662% | 4h | 3.0064 | −0.063% | $10.3M | $28.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0682% | 4h | 3.0050 | −0.111% | $85K | $213K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1028% | 4h | 3.0030 | −0.177% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSDlong | +0.1181% | 1h | 3.0083 | long leg | $56K | $35K | 20x |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
tradeXYZ xyz:NATGAS
HTX NATGAS-USDT
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_Perp
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT